Celsius Network

14 results about this entity

Period: 13 Mar 2018 - 02 Feb 2024

/crypto

Celsius to exit bankruptcy with $3 billion payout

Cryptocurrency company Celsius Network has begun a $3 billion payout in an approved plan to exit bankruptcy.

/crime

Celsius Network to pay back customers as bankruptcy case concludes

Celsius Network has received approval from a New York judge for a restructuring plan that will repay customers’ assets through new company owned by Celsius creditors and managed by Fahrenheit.

/people

Celsius founder arrested on fraud charges

The former CEO of cryptocurrency lending platform Celsius Network, Alex Mashinsky, has been arrested on federal fraud charges.

/crypto

Gemini and Arrington join auction for failed crypto lender Celsius

The Winklevoss twins and TechCrunch founder Michael Arrington are among the names involved in a three-way auction for bankrupt crypto lending platform Celsius Network.

/people

New York sues Celsius founder Mashinsky

New York's attorney general has filed a civil lawsuit against the founder of bankrupt Celsius Network, Alex Mashinsky, alleging that he defrauded hundreds of thousands of investors out of billions of dollars worth of cryptocurrency.

/startups

Celsius execs cashed out $21 million before bankruptcy

A financial disclosure form filed in New York this week has revealed that top executives of the now bankrupt Celsius Network withdrew $21 million in cryptocurrencies before freezing customer accounts.

/people

Celsius CEO steps down as FTX moves in

Celsius CEO Alex Mashinsky has stepped down amid bankruptcy proceedings and former JPMorgan Chase exec Chris Ferraro has been appointed interim CEO.

/crypto

Regulator says bankrupt crypto lender Celsius misled investors

Bankrupt crypto lender Celsius Network made "false and misleading claims" about its "financial health and compliance with securities laws", according to a court filing from the Vermont Department of Financial Regulation.

/crypto

Ripple casts eye over bankrupt crypto lender Celsius

Blockchain-based payments firm Ripple has registered an interest in acquiring assets belonging to bankrupt crypto lender Celsius.

/crypto

Celsius Network files for bankruptcy

Crypto lender Celsius Network, which last month wiped out two years of gains on the value of bitcoin when it suspended customer withdrawals, has filed for Chapeter 11 bankruptcy protection.

/crypto

Bitcoin crashes to lowest level for two years as Celsius pauses withdrawals

Bitcoin has crashed to its lowest level since December 2020 after one of the crypto-economy's largest lenders, Celsius Network, suspended withdrawals on Sunday.

/crypto

Celsius secures $10M equity raise with Tether as lead investor

Celsius Network Limited (“Celsius”) is excited to announce that Tether International Limited (“Tether International”), a member of the Tether group of companies, the largest stablecoin issuer with a 90% market share, is the lead investor in Celsius’ first equity round. Celsius is the UK operating company in the Celsius group of companies.